Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
An oil company which is drilling about 20% of all Norwegian exploration wells this year plans to persevere with its bold approach.
Norwegian oil service company Aibel has won a contract worth £115million for upgrading the Njord Bravo storage and offloading vessel.
Statoil has signed letters of intent with Aibel as well as an Aker Solutions-Kvaerner joint venture for work on phase two of its massive Johan Sverdrup development.
Aibel has revealed a fresh image of new building blocks for the Johan Sverdrup drilling platform.
Aibel has been awarded an exploration and production contract for modifications on Woodside Energy’s floating production storage and offloading (FPSO) vessel off Western Australia used in its Greater Enfield project.
The current boss of OneSubsea will takeover as the chief executive of Aibel.
The past week has seen an estimated 1,500 jobs go from the oil and gas industry in Norway.
Aibel is set to make 500 redundancies in Norway in a bid to streamline costs.
First steel has been cut for Statoil's Johan Sverdrup drilling platform for the North Sea, marking a major milestone for the firm's flagship development.
Centrica Enery Norway has awarded Aibel a frame agreement for field development projects on the Norwegian Continental Shelf. The company said all project phases have been included in the deal including various study phases and pre-engineering work.
Statoil has awarded the NOK600million ($74.5million) contract for construction of the converter station at Haugsneset to the field to Norwegian firm Aibel.
Australian company Woodside Energy has awarded Norwegian engineering services firm Aibel a FEED contract for the subsea tie back to the Ngujima-Yin FPSO.